May 06, 2006

Say $100,000 just landed in your lap. What would you do with it this week?


You get one pick, one course of action for the full wad. What is it?

35 comments:

Anonymous said...

buy oil

Anonymous said...

gold. in coins.

Anonymous said...

Buy Canadian Dollars, Swiss Francs, Euros, and maybe some Russian Rubles. . . .who would have thought the Ruble would be a strong currency in 2006!!?? . . its all about oil and gold and other commodities.

Anonymous said...

You should use the money to buy property in Boulder! Unlike other areas, Boulder just goes up and up! And all the cool people live there!

I have a 25 square foot garden shed behind a crackhouse that I can sell for just 100k, but you better hurry--they're not making any more sheds!

Roccman said...

buy a house in colorado - hey where's osman??

Anonymous said...

I would pay off all my Student loans :-(

Bill said...

I would give all the money to the church and pray for love and world peace!..

ya ok I would roll the greenest fatty going and celebrate my note payoff in full + extra for the gold and silver.

Bill said...

I'd buy a crackhouse in CA. Wait a minute, crackhouses cost $1mil there. Dammit!!

hahahah classic!

Anonymous said...

buy stock in GM...that company has got potential!

Anonymous said...

2008 In the money puts on builder stocks. They've fallen but things will be getting MUCH worse.

John Polomny said...

Buy Tusk Energy, they are onto a massive light oil discovery.

Anonymous said...

Swinging for the fences, or a reasonably prudent investment?

As far as the first: natural gas futures. We're going to hit peak gas in north america soon, and if the summer is hot, watch out!

As far as the second?

(1) Japanese financial stock ETF
(2) Russian ETF

Anonymous said...

Finish paying off my house, burn the loan paperwork, quit my job, and apply for work as a forest service guy.

Bill said...

quick folks put it on ABC they are doing a realestate show....should be interesting to say the least

Anonymous said...

Club Paradise in Vegas.....champagne room

Anonymous said...

I would buy a church and convert it to condos.
In Boulder, of course.

Anonymous said...

The Banker hasn't been round here in weeks........

Anonymous said...

I'd spend it on fencing for the ranch. Anything left over, horses, horses, horses.

Anonymous said...

The Banker is probably going to the bank with the way the stock markets are this year........

Anonymous said...

Don't pay off loans... they're cheap.

Forex. Hard assets.

Mind you, I should have listened to my own advice 1/2 a year ago. Would have been up big time.

Anonymous said...

Life’s too short.
To borrow slightly from the great Irish playwright Paddy Chayefsky:
"The first nine hundred thousand I'd spend on fast cars, gorgeous hookers, and good Irish whiskey! The other hundred thousand I'd waste!"
He used a million, so just down size a little.

ocrenter said...

yes, don't pay off the student loan.

my loans are at 2%, even below inflation.

Anonymous said...

buy June 52.5 puts on NEM stock, it's headed south big time....if I could split it I'd get 20% May puts, 80% June puts.

Probably sell by May 15 on the May puts, bottom a bit later for the June puts....watch the stock, you'll see I was right....

Anonymous said...

Keith,
$9o,ooo.oo did just land in my lap, long story. Additionally, I rent. I do not know what to do with the cash to protect it, never mind generate an ROI.

Anonymous said...

I would do the opposite of what the masses do.

keep it.

Anonymous said...

I'd go down to ASU and find the best college girl who needs some help with tuition ;0

Anonymous said...

buy a Glock, 9mm and canned tuna

Anonymous said...

put in a cd at 5 percent at local savings and loan.
after 2 years, balance will be
at least $110,000. then buy
dirt cheep properties in san diego
to start this cycle again ;)

Anonymous said...

Hide it under a couch, safest place!

Anonymous said...

Someone mentioned buying puts on NEM...I've considered buying Sept 25 puts on TOL. Can't say I would put $100K on it though.

If I had $100K I would:
- spend $15K on my upcoming wedding
- buy $10K of stock in a good metalworking company (if Buffett likes the sector, maybe I should too)
- spend $15K on a used Ford pickup (my 1995 Saturn is barely hanging on)
- spend $15K to landscape my back yard (imagine a steeply sloped hill of clay --- not good)
- place the rest in a carefully chosen basket of stocks and bonds, perhaps tax sheltering about 50% of it for retirement, and the rest for anything that could come up before retirement

Anonymous said...

I just can't seem to disagree with this strategy.

"Club Paradise in Vegas.....champagne room"

Anonymous said...

GOLDX fund

Anonymous said...

Put it all in silver, ah yes i already did. lol, NXG is an awesome gold stock also.

Anonymous said...

Buy the monopoly ADBE (Adobe)

Price is cheap and they will be printing $ in a couple quarters.

No Brainer!

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